The objective of the IDB Regional Green Bond Partnership for Latin America and the Caribbean (the Program) is to aid the development of the green and sustainable capital market with green components in the LAC region by promoting transparency and quality standards as well as fostering innovative green solutions (e.g., guarantees) or green products (e.g., green covered bonds). The Program works simultaneously on the supply-side of bonds, by supporting their issuance, and on the demand side, by generating transparency and comparability for investors. The direct beneficiaries will be all public issuers in the region, such as sovereigns, sub-nationals, national development banks and State-Owned Enterprises (including public utilities). Indirect beneficiaries include private sector stakeholders, such as corporate green bond issuers, stock exchanges, and investors.
Project Detail
Country
Regional
Project Number
RG-T4159
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
CAPITAL MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental Classification
-
Total Cost
USD 2,274,300.00
Country Counterpart Financing
USD 174,300.00
Original Amount Approved
USD 2,100,000.00